Northcote

NORTHCOTE, VIC 3070 is a vibrant suburb with a diverse population mix. The suburb has a median weekly household income above the national average. It has a significant number of residents in the age group of 20 to 34 years, indicating a young and dynamic community. Commute patterns show a preference for train and WFH options, highlighting good connectivity and adaptability to remote work. The suburb offers good local amenities and a mix of occupations, with a high percentage of professionals and managers in the workforce. For individuals looking to invest in Houses in NORTHCOTE, VIC 3070, the suburb presents an opportunity for potential renovation projects due to a high Sale Price IQR ratio. This indicates a wide range between the lower and upper quartile prices, attracting renovators seeking to add value. Investors interested in Units may find the suburb appealing due to a market absorption rate above 20%, signaling high demand and potential for price appreciation. NORTHCOTE, VIC 3070 is a desirable suburb for homeowners and investors alike. With a strong demand for both Houses and Units, supported by good rental yields and moderate vacancy rates, the suburb offers growth potential. Its diverse demographic profile, educational advantages, and commuter-friendly features make it an attractive location for those seeking a dynamic and well-connected community. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022